A recent report published by
Infinium Global Research on protein ingredients market provides in depth
analysis of segments and sub-segments in global as well as regional protein
ingredients market. The study also highlights the impact of drivers, restraints
and macro indicators on the global and regional protein ingredients market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global protein ingredients market.
According to report the global protein ingredients market is projected to grow
at a CAGR of 7.60% over the forecast period of 2018-2024.

Market Insight

Protein
ingredients are molecules that are made from one or more chains of amino acids
in a specific order. Protein ingredients are consumed to keep up the level of
proteins in a human body and they are the best source to keep the body fit.
Protein ingredients are necessary for regulation, structure and function of
body tissues, body cells and various organs. Protein as a part of all
procedures happening with in cells endorsed as health and wellness ingredients
that helps consumers for maintaining better lifestyle through all the stages of
life. As human body is unable to produce vital amino acids that are essential
for healing cells they are derived from different sources such as plants and
animals. Animals proteins can be derived from fish, milk, meat, eggs and other
sources while, plant protein are derived from wheat, rice, pea, and canola.
These protein ingredients can be used in various food products such as bakery,
beverages, and so on to increase the protein level in the food products. Rich protein diets, combined with
low-carbohydrates, are gaining energy as they help to successfully fight
against diabetes and obesity.

Factors such
as growing consumer consciousness and growing market acceptance, mainly for
functional foods and dietary supplements is boosting the growth of protein
ingredient market. Further, rising inclination of consumers for fortified foods
and for foods enhanced with protein ingredients and increasing application of
protein ingredients in food and beverage products is also fostering growth of
this market in the near future. In addition to this, a rush in health-related
issues among consumers has directed them to choose for functional foods that
contain the right amount of proteins and other energetic nutrients and this is
a major factor driving the growth of this market.

Increasing
trend among the fitness-oriented consumers and role of protein-rich foods for
building muscle and weight management are further motivating the growth of this
market. Besides, growing demand for protein ingredients in different divisions
such as cosmetics and pharmaceuticals are inspiring the consumers and
demographic changes such as increasing income levels, growth in aged
population, and growing urbanization have augmented the demand for protein
ingredients worldwide. On the flip side, the growing concerns over the harmful
effects of gelatin and the relatively lower consumption of plant proteins may
limit the growth of this market over upcoming years.

Among the
geographies, North America is the largest growing region for the protein
ingredient market followed by Asia Pacific, while Europe region is the fastest
growing region in this market. The growth in North America region for protein
ingredient market is due to growing consumption of snacks; energy bars; and
cold cereals as this product have high amount protein ingredients, and growing
consumers demand for low saturated fat and cholesterol free beverages are
boosting the growth of this market. Further, growing health awareness regarding
the positive effect of protein consumption on health is expected to drive this
regional market. Additionally, in Asia Pacific region, factors responsible for
the growth of this market is due to growing aged population and continually
changing climate conditions in countries like India, China, and Australia have
upraised concerns for skin problems and these are anticipated to fuel personal
care products demand that has resulted in enhancing the overall industrial
growth over upcoming years. Upsurge in healthcare and cosmetics industries in
India, Japan, and China combined with the low manufacturing cost as compared to
the U.S. and European countries, is likely to drive the growth of protein
ingredient market in this region.

Segment Covered

The report on global protein
ingredients market covers segments such as, source and application. On the
basis of source the global protein ingredients market is categorized into
animal source and plant source. On the basis of application the global protein
ingredients market is categorized into food & beverage, cosmetics &
personal care, infant formulations animal feed and pharmaceuticals.

Geographic Coverage

The countries covered in the North
America region include the U.S., Canada, and Mexico; while Asia-Pacific
includes China, Japan, India, South Korea, Malaysia, and among others.
Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the
European region.

The U.S. drives the growth in the North America region as it
is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets
such as India and China. The APAC region is projected to experience a growth at
a CAGR of x.x% over the period of 2018-2024.

The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the global protein ingredients market. Moreover, IGR-Growth Matrix analysis
given in the report brings an insight on the investment areas that existing or
new market players can consider. The report provides insights into the market
using analytical tools such as Porter's five forces analysis and DRO analysis
of protein ingredients market. Moreover, the study highlights current market
trends and provides forecast from 2018-2024. We also have highlighted future
trends in the protein ingredients market that will impact the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight on the market share of the leading players. This
report will help manufacturers, suppliers and distributors of the protein
ingredients market to understand the present and future trends in this market
and formulate their strategies accordingly.

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